Optimum Group assumes 9th & Arthur DDA obligations
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Description
The Caldwell Urban Renewal Agency plans to approve an Assignment Agreement naming Optimum Group, Inc. as the Authorized Successor developer under the 2016 Disposition and Development Agreement for the 9th and Arthur Urban Renewal Project. Optimum will assume all remaining obligations for the unfinished commercial phase of the project.
Contract Details
Vendor
OPTIMUM GROUP INC
Agency
City of Caldwell, ID
Contract Type
OTHER
Document Date
May 11, 2026
Renewal Info
Assignment and assumption of the existing DDA, with Optimum stepping into the remaining obligations for the unfinished commercial phase and no additional term changes stated.
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